skrill.com
What Skrill.com is and what it’s for
Skrill.com is a digital wallet and payments service that lets you hold a balance, move money to other people, pay merchants online, and in some regions link your wallet to a prepaid card. It sits in the same broad category as other e-wallets, but it has a pretty specific footprint: it’s widely used for online merchants, trading/forex funding, gaming, and international transfers where people want something faster than a traditional bank transfer. Skrill is part of the Paysafe group of payments brands.
If you’re deciding whether Skrill fits your needs, the practical question is usually not “can it send money,” but “what exactly will I pay to deposit, convert, withdraw, or stay inactive.” Those details matter more than the headline features.
Core features you actually use day to day
Most people interact with Skrill through a few actions:
1) Funding the wallet (depositing money).
You add money using methods available in your country. Fees vary by method and region. Skrill’s own fees page breaks these down, and you’ll notice some methods come with a percentage fee and sometimes a minimum fee. For example, one “global payment methods” entry shows a 2.80% fee with a minimum fee of EUR 3.50.
2) Paying merchants online.
Skrill states that paying a merchant directly from your Skrill wallet has no transaction fee. That’s a big part of why it’s popular for certain merchant categories where people top up once, then spend multiple times.
3) Sending money to another Skrill user (Skrill-to-Skrill).
This is one of the most common uses. Skrill lists a 2.99% send fee for Skrill-to-Skrill transfers (with a minimum fee of EUR 0.50), and it also shows reduced pricing for higher account levels (“True Skriller” is shown at 1.45% for Skrill-to-Skrill money transfers).
4) Sending money out to bank accounts internationally (Skrill Money Transfer).
Skrill’s fees page shows “zero fees” for international transfers using Skrill Money Transfer, but it also flags that charges may apply when currency conversion is involved. It also lists other “send money by bank transfer/card” routes with fees up to 1%, up to 2.99%, and up to 4.99% depending on how you fund the transfer.
So yes, you can move money around. But the cost depends on how you move it and whether you trigger conversion.
Fees: where people get surprised
Skrill publishes a detailed fees page, but the surprise usually comes from a few predictable places:
Currency conversion markups.
Skrill explains that if a transaction requires currency conversion, it uses the “Skrill exchange rate,” a reference rate set by Skrill that changes throughout the day. In the same fees section, Skrill also lists an “international transfer exchange rate mark-up” of up to 4.99% (shown as a fee per transaction).
This is the fee category that can dwarf everything else if you’re moving between currencies often.
Skrill-to-Skrill sending fees.
If you assumed wallet-to-wallet would be free because “it’s internal,” that’s where the 2.99% (or the lower account-level rate) becomes important.
Inactivity / service fees.
Skrill states there’s no service fee as long as you log in or make a transaction at least once every 6 months. Otherwise, a service fee of EUR 5.00 (or equivalent) is deducted monthly.
That one is simple to avoid, but easy to forget if you only use the wallet occasionally.
The clean way to approach Skrill fees is: decide your main use case first (online spending vs. frequent transfers vs. multi-currency holding), then map the typical path your money takes (deposit → convert → send → withdraw). The path, not the brand name, determines your real cost.
Verification, limits, and why Skrill asks for documents
Skrill runs identity and address verification (KYC). The company describes three ways to verify: using the mobile app, using a webcam, or uploading photos of your ID.
For identity documents, Skrill lists passport, identity card, or driver’s licence as acceptable examples. For address verification, it mentions options like geolocation (in selected countries) or uploading a document that shows your name and address (and it lists items like a utility bill or a financial institution statement, typically recent).
One point people miss: verification is not just a “sign-up chore.” Skrill explicitly ties it to benefits like increased transaction limits and access to additional deposit options.
Also, Skrill notes it may later ask for supporting documents to ensure transaction security, including things like a selfie holding your ID, or bank/card statements, depending on what it needs to verify.
Availability: where Skrill works, and where it doesn’t
Skrill’s own support guidance says it offers services in countries available in the account registration “Country of residence” list. It also specifically notes that it no longer accepts new registrations from India, while existing accounts can continue using available payment options.
That’s the practical takeaway: always check availability inside the registration flow for your country, because product features (deposit methods, card availability, transfer routes) can change based on local rules.
The Skrill prepaid card: what it is in plain terms
Skrill offers a prepaid Mastercard in some regions. The card terms define the “Skrill Card” as a prepaid Mastercard issued to you (physical and/or virtual) and registered to your Skrill account.
In real usage, the card is mainly about spending your wallet balance in regular card environments, not just online merchants that directly accept Skrill. If the card is available to you, you still want to check the card-specific fees (ATM withdrawals, FX rates used for card transactions, and any local program rules). The terms also describe a “Skrill Card Rate” and reference exchange rate concepts, which matters if you spend in a different currency than your wallet balance.
Common best-fit scenarios (and when Skrill is a bad fit)
Skrill tends to fit when you need:
- A wallet accepted by specific online merchants where paying from the wallet has no transaction fee.
- Fast wallet-to-wallet transfers, especially if you can reach a lower account-level fee.
- A way to route funds to and from services that integrate with Skrill (often gaming and trading platforms).
It’s often a poor fit when:
- You frequently convert currencies and care about tight FX pricing, because conversion markups can be the main cost driver.
- You’ll leave the account unused for long periods and forget the inactivity rules.
- Your country has limited deposit/withdraw options, so you’re forced into the most expensive route.
Key takeaways
- Skrill is a digital wallet used for online payments, transfers, and (in some regions) a prepaid card tied to your wallet balance.
- Many “headline” actions can be low-fee, but the total cost depends on your money path, especially deposits and currency conversion.
- Skrill lists Skrill-to-Skrill send fees (2.99% shown, with account-level discounts), and international transfer fee schedules that vary by funding method.
- Inactivity matters: log in or transact within 6 months to avoid a monthly service fee (EUR 5 or equivalent).
- Verification is tied to safety, higher limits, and access to more options; the process can involve ID, selfie, and proof of address.
FAQ
Is Skrill free to use?
Some actions are listed as having no transaction fee, like paying a merchant from your wallet and receiving money to your Skrill account (when no currency conversion is involved). But other actions can carry fees, and conversion can add extra cost.
What’s the main fee I should watch for?
Currency conversion. Skrill uses its own exchange rate reference model and lists an exchange rate mark-up for some international transfer cases (shown up to 4.99%). If you convert often, that becomes your main cost.
How do I avoid Skrill’s inactivity fee?
Skrill states there’s no service fee if you log in or make a transaction at least once every 6 months. If you don’t, it deducts EUR 5 (or equivalent) monthly.
Why does Skrill ask for verification documents?
Skrill frames verification as identity assurance and network security, plus it can increase limits and unlock more deposit options. It may also request additional documents later to support security checks on transactions.
Is Skrill available everywhere?
Not exactly. Skrill says it services countries listed in the registration “Country of residence” menu, and it explicitly notes it no longer accepts new registrations from India. Availability and features vary by country.
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